Shutterstock Sees FY23 Adj EPS Of $4.00 - $4.17 Vs. $4.08 Est.
Portfolio Pulse from Benzinga Newsdesk
Shutterstock has projected its FY23 adjusted EPS to be between $4.00 and $4.17, compared to the estimated $4.08.
August 01, 2023 | 11:27 am
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POSITIVE IMPACT
Shutterstock's FY23 adjusted EPS forecast is slightly above the current estimate, which could positively impact its stock price.
Shutterstock's projected EPS for FY23 is slightly higher than the current estimate. This indicates that the company expects to perform better than what the market currently anticipates, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100